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(Related to Checkpoint 5.4) (Present value) What is the present value of $500 to be received 15 years from now discounted back to the
(Related to Checkpoint 5.4) (Present value) What is the present value of $500 to be received 15 years from now discounted back to the present at 10 percent? The present value of $500 to be received 15 years from now discounted back to the present at 10 percent is $ (Round to the nearest cent.)
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
